Hog futures mostly lower heading into Friday

Hog futures mostly lower heading into Friday

At the Chicago Mercantile Exchange, live cattle ended the day mostly lower and feeders were higher watching corn, and direct cash business develop.  December live cattle closed $.12 lower at $131.87 and February live cattle closed $.42 lower at $136.40.  November feeder cattle closed $.67 higher at $157.32 and January feeder cattle closed $1.02 higher at $159.07. 

IIt was a relatively quiet Thursday for direct cash cattle trade activity following the light to moderate business that took place on Wednesday.